Vanguard Group Discloses Stake in Spirent Communications

The Vanguard Group, Inc. has released a public disclosure under the Form 8.3, revealing an ownership interest exceeding 5% in Spirent Communications plc. As of April 30, 2024, The Vanguard Group owns precisely 29,244,895 ordinary shares in Spirent, marking a significant stake of 5.05%. The disclosure aligns with the requirements of Rule 8.3 of the UK Takeover Code, which necessitates transparency from parties holding substantial interests during corporate takeovers.

Additionally, recent trading details show The Vanguard Group purchased 42,108 shares of Spirent at a price of 1.95 GBP per share. The disclosure includes neither indications of any indemnity agreements nor details of arrangements concerning derivative transactions related to the disclosed ownership. This disclosure underlines Vanguard’s significant position but reveals no direct involvement in further financial arrangements or derivative-based strategies as per the reporting date.